Gold - 240 - Short-term idea

Apologies for the squeezed chart, but we were trying to capture the very important upwards moving trendline, taken from the low of August 2018. This line is our short-term target. But in order to reach it, we need to see another push lower, away from the 1276 hurdle and breaking below yesterday's lows.

Please see the chart for levels and the alternative scenario.

Don't forget your stop-loss.